SECO TOOLS (U.K.) LIMITED
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Cash
£4.2m
+89.5% highest in 3 filed years
Net assets
£11m
+9% highest in 3 filed years
Employees
82
-1.2% lowest in 3 filed years
Profit before tax
£1.2m
+16.3% vs 2024
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £28,827,000 | £23,738,000 | £23,722,000 | -0.1% | |
| Operating profit | £1,246,000 | £945,000 | £1,068,000 | +13% | |
| Profit before tax | £1,278,000 | £1,055,000 | £1,227,000 | +16.3% | |
| Net profit | £944,000 | £763,000 | £894,000 | +17.2% | |
| Cash | £1,362,000 | £2,234,000 | £4,233,000 | +89.5% | |
| Total assets less current liabilities | £10,187,000 | £10,266,000 | £11,068,000 | +7.8% | |
| Net assets | £9,652,000 | £9,986,000 | £10,880,000 | +9% | |
| Equity | £9,652,000 | £9,986,000 | £10,880,000 | +9% | |
| Average employees | 84 | 83 | 82 | -1.2% | |
| Wages | £3,531,000 | £3,170,000 | £2,822,000 | -11% | |
| Directors' remuneration | £164,000 | £141,000 | £392,000 | +178% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 4.3% | 4.0% | 4.5% | |
| Net margin | 3.3% | 3.2% | 3.8% | |
| Return on capital employed | 12.2% | 9.2% | 9.6% | |
| Gearing (liabilities / total assets) | 33.2% | 19.8% | 26.9% | |
| Current ratio | 2.31x | 4.02x | 3.02x | |
| Interest cover | 28.32x | — | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- SECO TOOLS (U.K.) LIMITED 1977-12-31 → present
- FAGERSTA SECO LIMITED 1973-12-13 → 1977-12-31
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company is financed by banking facilities accessed through a UK group cash pooling arrangement operated by the Company's ultimate parent undertaking. The Company's forecasts and projections, taking account of reasonably possible changes in performance, show that the Company is able to meet its liabilities as they fall due for at least the next 12 months. The directors have reasonable expectations that the Company has adequate resources, with support from its ultimate parent undertaking and the wider group, to continue in operational existence for the foreseeable future. Therefore, the Company continues to adopt the going concern basis in preparing its financial statements.”
Significant events
- “After the year end, a dividend of £427,000 was declared by the directors (2024: £nil).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PATEL, Dipak | Secretary | 2019-07-15 | — | — |
| HOWARTH, James David | Director | 2026-04-30 | Jun 1976 | British |
| HUNTER, Andrew Stuart | Director | 2024-02-13 | Nov 1973 | British |
| LUNDAHL, Dan Christer | Director | 2024-09-27 | May 1978 | Swedish |
| RONNIE, Alison Mary | Director | 2023-02-28 | Nov 1968 | British |
| WOZNICKI, Frank Bruno | Director | 2024-02-13 | May 1966 | German |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GILLESPIE, Christopher Anthony | Secretary | 2009-03-01 | 2019-07-15 |
| PARKER, Matthew John | Secretary | 2008-03-01 | 2008-10-31 |
| RUSSELL, Stewart Roger | Secretary | — | 1998-12-11 |
| WARNER, Richard James | Secretary | 2008-11-01 | 2009-03-01 |
| WARNER, Richard James | Secretary | 1998-12-11 | 2008-03-01 |
| AHMAN, Hans Erik, Managing Director | Director | 1992-09-01 | 2008-11-14 |
| ARTHUR, Nils | Director | — | 1992-09-01 |
| BERGSTROM, Hakan | Director | 1994-06-03 | 2000-11-17 |
| BERGSTROM, Lars | Director | 2017-03-15 | 2017-07-01 |
| BERGSTROM, Lars | Director | 2011-01-01 | 2012-03-01 |
| BOYER, Jean-Charles | Director | 2012-03-01 | 2014-12-31 |
| ELLER, Anders | Director | 2012-03-01 | 2014-12-31 |
| FORSGREN, Jan-Erik | Director | — | 1999-12-31 |
| FRITZ, Andreas Thomas | Director | 2017-06-01 | 2023-02-28 |
| GUMAELIUS, Olof | Director | — | 1994-06-03 |
| HELLGREN, Hans | Director | 2012-03-01 | 2017-03-15 |
| JELFS, Richard Leslie | Director | 2008-11-14 | 2019-07-15 |
| JOHNSON, Patrik | Director | 2007-12-03 | 2012-03-01 |
| KEMISH, Eurion William Guus | Director | 2023-02-28 | 2024-02-13 |
| LARSSON, Leif | Director | — | 1994-06-03 |
| LOFGREN, Paul | Director | 2007-12-03 | 2012-03-01 |
| MANSELL, Gail | Director | 2023-02-28 | 2026-04-30 |
| MORANDINI, Christian | Director | 2024-02-13 | 2024-08-31 |
| RENSTROM, Lars Sture | Director | 2000-10-02 | 2004-08-08 |
| SANDSTRÖM, Bert Ola | Director | 2019-07-15 | 2019-11-14 |
| SHINDE, Amul Bhikaji | Director | 2019-11-14 | 2023-05-15 |
| SNELL, Per Olof | Director | — | 1994-06-03 |
| WARN, Kai | Director | 2004-11-01 | 2010-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sandvik Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 174 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-12-18 MA Memorandum articles
- 2023-12-18 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-07-25 | AA | accounts | Accounts with accounts type full | |
| 2026-05-05 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-20 | AA | accounts | Accounts with accounts type full | |
| 2025-08-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-09-30 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-23 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-18 | MA | incorporation | Memorandum articles | |
| 2023-12-18 | RESOLUTIONS | resolution | Resolution | |
| 2023-11-14 | AA | accounts | Accounts with accounts type full | |
| 2023-07-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-06 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.